Bloomberg Saudi Arabia cut pricing for oil sales in October, a sign the world’s biggest exporter sees fuel demand wavering amid more coronavirus flare-ups around the globe. The kingdom’s state producer, Saudi Aramco, reduced its key Arab Light grade of crude by a larger-than-expected amount for shipments to Asia, its main market. It also lowered pricing for US buyers. Aramco ...

RIYADH / WAM The G20 education ministers held a virtual extraordinary meeting to emphasise the central role of education in enabling people to seize the opportunities of the twenty-first century especially during the coronavirus pandemic, reported the Saudi Press Agency (SPA). The ministers expressed their support for individual and collective efforts to mitigate the unprecedented consequences of the novel coronavirus ...

DUBAI / WAM Emirates Steel has named Etihad Credit Insurance (ECI) as its credit insurance partner to provide export credit protection to its global exports. Emirates Steel has signed with ECI for a comprehensive trade credit insurance package, which will protect Emirates Steel against commercial risks of its customers such as insolvency, payment default, and political risks. Under the agreement, ...